Insurance Supervisory & Regulatory approaches to climate-related risk
Insurance Europe call for supervisory and regulatory approaches to climate-related risk that reflect realties of insurance business.
Insurance
2022-2024: A Period Marked by Significant Natural Catastrophe Losses
In the 2022-2023 were highly active in many territories around the world. Natural hazard events occurred in Europe, Australia and USA
Artificial Intelligence, Digitization & Agent Experience Reshaping the Insurance
AI, Digitization & Agent Experience is changing the role of insurance, from pure risk protection towards predicting and preventing risks
Global Insurance resilience recovered. Swiss Re Index
Global insurance resilience recovered, primarily due to strong improvement in health resilience, which natural catastrophe
Insured Natural Catastrophe Losses are Estimated $105-120 bn
Insured natural catastrophe losses for 2021 are estimated at between $105 billion and $120 billion, according to several sources, making it the third highest natural catastrophe loss
Cyber Insurance. Top Insurer Groups Worldwide
Insuramore has completed a global ranking of insurer (carrier) groups as measured by cyber insurance gross direct premiums written (GDPW)
New growth trends of Cyber Liability Insurance Market
Direct premiums written in the cyber liability insurance market continued to grow in 2022-2024, seeing a 75% increase, far outpacing that of the overall property/casualty insurance
MGA / MGU Group Global Insurance Rankings. Worldwide insurance activity
Revenues earned worldwide by MGAs, MGUs and cover-holders had a value of around USD 12.5 bn. 55 of the top 250 MGA groups belong to insurance brokers
McGill in partnership with FortuneGuard and ARX introduced a new war risk reinsurance facility to provide commercial property coverage in Ukraine
In the US, two major hurricanes and frequent severe thunderstorms accounted for at least two-thirds of the year’s global insured losses, which currently exceed $135 bn
The global economy is poised for further solid expansion. We forecast global real GDP growth at 2.8% in 2025 and 2.7% in 2026, roughly in line with 2024
The London re/insurance market sees a growing push toward digital approaches. Enhanced underwriting stands out as a new direction for companies